Neuronetics, Inc.

NasdaqGM:STIM Stock Report

Market Cap: US$68.0m

Neuronetics Valuation

Is STIM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of STIM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate STIM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate STIM's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for STIM?

Key metric: As STIM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for STIM. This is calculated by dividing STIM's market cap by their current revenue.
What is STIM's PS Ratio?
PS Ratio1x
SalesUS$72.71m
Market CapUS$67.98m

Price to Sales Ratio vs Peers

How does STIM's PS Ratio compare to its peers?

The above table shows the PS ratio for STIM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average17.2x
EDAP EDAP TMS
1.3x20.9%US$83.9m
MDNC Medinotec
48.1xn/aUS$58.7m
LNSR LENSAR
2x28.1%US$94.9m
ICCM IceCure Medical
17.6x47.3%US$67.4m
STIM Neuronetics
1x11.0%US$68.0m

Price-To-Sales vs Peers: STIM is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (7x).

Price to Sales Ratio vs Industry

How does STIM's PS Ratio compare vs other companies in the US Medical Equipment Industry?

49 CompaniesPrice / SalesEstimated GrowthMarket Cap
VREX Varex Imaging
0.7x2.3%US$573.52m
INGN Inogen
0.8x4.4%US$266.53m
ARAY Accuray
0.5x5.5%US$225.27m
NVRO Nevro
0.4x3.2%US$175.37m
STIM 1.0xIndustry Avg. 3.5xNo. of Companies49PS03.26.49.612.816+
49 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: STIM is good value based on its Price-To-Sales Ratio (1x) compared to the US Medical Equipment industry average (3.5x).

Price to Sales Ratio vs Fair Ratio

What is STIM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

STIM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: STIM is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst STIM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$2.35
US$2.67
+13.5%
17.7%US$3.00US$2.00n/a3
Jan ’26US$1.61
US$2.67
+65.6%
17.7%US$3.00US$2.00n/a3
Dec ’25US$1.00
US$2.67
+166.7%
17.7%US$3.00US$2.00n/a3
Nov ’25US$1.03
US$3.33
+223.6%
14.1%US$4.00US$3.00n/a3
Oct ’25US$0.75
US$3.33
+344.4%
14.1%US$4.00US$3.00n/a3
Sep ’25US$0.88
US$3.33
+277.5%
14.1%US$4.00US$3.00n/a3
Aug ’25US$1.78
US$7.00
+293.3%
11.7%US$8.00US$6.00n/a3
Jul ’25US$1.75
US$7.00
+300.0%
11.7%US$8.00US$6.00n/a3
Jun ’25US$1.92
US$7.00
+264.6%
11.7%US$8.00US$6.00n/a3
May ’25US$3.56
US$7.00
+96.9%
11.7%US$8.00US$6.00n/a3
Apr ’25US$4.81
US$7.00
+45.5%
11.7%US$8.00US$6.00n/a3
Mar ’25US$3.01
US$6.67
+121.5%
7.1%US$7.00US$6.00n/a3
Feb ’25US$3.35
US$6.67
+99.0%
7.1%US$7.00US$6.00n/a3
Jan ’25US$2.90
US$6.67
+129.9%
7.1%US$7.00US$6.00US$1.613
Dec ’24US$2.03
US$6.00
+195.6%
23.6%US$7.00US$4.00US$1.003
Nov ’24US$1.15
US$8.00
+595.7%
36.8%US$12.00US$5.00US$1.033
Oct ’24US$1.35
US$8.00
+492.6%
36.8%US$12.00US$5.00US$0.753
Sep ’24US$1.63
US$8.00
+390.8%
36.8%US$12.00US$5.00US$0.883
Aug ’24US$1.96
US$8.67
+342.2%
27.2%US$12.00US$7.00US$1.783
Jul ’24US$2.15
US$8.67
+303.1%
27.2%US$12.00US$7.00US$1.753
Jun ’24US$2.77
US$8.67
+212.9%
27.2%US$12.00US$7.00US$1.923
May ’24US$2.30
US$8.67
+276.8%
27.2%US$12.00US$7.00US$3.563
Apr ’24US$2.91
US$8.67
+197.8%
27.2%US$12.00US$7.00US$4.813
Mar ’24US$5.51
US$9.67
+75.4%
17.6%US$12.00US$8.00US$3.013
Feb ’24US$6.18
US$9.67
+56.4%
17.6%US$12.00US$8.00US$3.353
Jan ’24US$6.87
US$9.67
+40.7%
17.6%US$12.00US$8.00US$2.903
Analyst Price Target
Consensus Narrative from 3 Analysts
US$2.67
Fair Value
11.9% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 23:40
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Neuronetics, Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael GormanBTIG
William PlovanicCanaccord Genuity
David TurkalyJMP Securities